ALPS Strategic Income Fund
RIGS
29 hedge funds and large institutions have $297M invested in ALPS Strategic Income Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
2% more capital invested
Capital invested by funds: $293M → $297M (+$4.49M)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.66% less ownership
Funds ownership: 90.26% → 89.6% (-0.66%)
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.18M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$391K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$357K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.28M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.23M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$870K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$566K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$369K |
RIGS Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2016, worth a combined $297M — up 1.5% from $293M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RIGS and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 11 added.
The largest buyer was Jane Street, adding an estimated $1.74M. The largest seller was RiverFront Investment Group, cutting an estimated $2.28M.
- 29 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $297M of ALPS Strategic Income Fund stock for Q3 2016, up 1.5% quarter-over-quarter.
- 3 funds opened new ALPS Strategic Income Fund positions in Q3 2016 and 4 closed out, a net change of -1 holder.
- The largest ALPS Strategic Income Fund buyer in Q3 2016 was Jane Street, an estimated $1.74M added.
- The largest ALPS Strategic Income Fund seller in Q3 2016 was RiverFront Investment Group, an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2016.